BHP Ends Pursuit of Anglo American Merger

BHP Group Ltd (ASX: BHP) confirmed it is no longer considering a merger with Anglo American plc after initial discussions, formally withdrawing under Rule 2.8 of the UK City Code on Takeovers and Mergers. The company said that while a combination would have offered “strong strategic merits” and “significant value for all stakeholders,” it remains committed to advancing its own organic growth plans. The announcement ends one of the mining sector’s most closely watched takeover possibilities of the year, fo ...